
WTO Agreements
WTO Agreements are formal rules that guide how countries trade with each other to ensure fair and predictable commerce. They cover various aspects like reducing tariffs (taxes on imports), resolving disputes, protecting intellectual property, and promoting transparency. These agreements aim to create a level playing field, making international trade smoother and more reliable for businesses and consumers worldwide. Essentially, they set the standards and procedures that countries agree to follow, fostering cooperation and growth in global trade.